Prosperity has remained steady during a challenging year for Accounting and Financial Advisory firms. It has risen one place in the Australian Financial Review’s Top 100 Accounting Firms list to be now ranked #33 by revenue.
The Australian Financial Review Top 100 Accounting Firms for 2019 shows that more than half of the surveyed firms nominated business, tax and risk advisory as the fastest growing parts of the business.
Advisory now accounts for about 29 per cent of revenue at the top firms, up 2 percentage points from last year; while audit accounts for an average of just 10 per cent of income. These figures exclude the big four firms, which did not provide a breakdown of income.
Commenting on the achievement, CEO Allan McKeown said, “It’s an exciting yet challenging time for the accounting and financial advisory professions. With technology driving the business success of many of our clients, accounting firms are aligning with market demand and investing significantly. We are developing stronger analytical skills and new systems and processes to retain our trusted adviser position.” “We thank our valued team, clients and friends of the firm for their continued support.”
Prosperity Advisers Group employs over 130 staff throughout its Sydney, Brisbane and Newcastle offices.
About Prosperity Advisers Group
Prosperity Advisers Group which is an award winning business advisory and wealth management practice. With 130 people in offices in Sydney, Newcastle and Brisbane. Clients’ partner with Prosperity for strategies and techniques to drive growth, maximise profits, minimise tax and build or protect their personal wealth.